Form 4: ZimVie Inc. Director Richard Kuntz Reports Acquisition of Deferred Share Units and Restricted Stock Units

Director Richard Kuntz reports acquisition of deferred share units and restricted stock units in ZimVie Inc. on May 7, 2025.

Summary

• Richard Kuntz, a director of ZimVie Inc., reported acquiring 500 deferred share units and 21,119 restricted stock units on May 7, 2025.
• The deferred share units were accrued under the company's Deferred Compensation Plan for Non-Employee Directors and will be settled in shares of common stock within 60 days after Kuntz's service as a director ends.
• The restricted stock units are immediately 100% vested but subject to mandatory deferral until the later of Kuntz's termination of service or three years after the grant date.
• Following the reported transactions, Kuntz beneficially owns 11,069.747 deferred share units and 57,728 restricted stock units.
• The conversion or exercise price of each derivative security is 1-for-1.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices and aligns director interests with the company's long-term performance.

Positives

• The acquisition of deferred share units and restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting and deferral terms of the restricted stock units encourage continued service and commitment from the director.

Future Outlook

The deferred share units will be settled in shares of Company common stock within sixty days after cessation of the reporting person's service as a Director. The Restricted Stock Units are immediately 100% vested and will be subject to mandatory deferral until the later of (1) the reporting person's termination of service as a Director or (2) the date that is three years after the grant date.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with shareholders.

Comparison to Industry Standards

• Equity-based compensation, such as restricted stock units and deferred share units, is a common practice among publicly traded companies to incentivize and retain key personnel, including directors.
• Vesting schedules and deferral periods are typically structured to align with long-term company performance and shareholder value creation.
• Companies like Medtronic, Stryker, and Johnson & Johnson also utilize similar equity compensation plans for their directors and executives.

Stakeholder Impact

• Shareholders can view this as a positive sign, indicating that the director's interests are aligned with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the company's leadership.

Key Dates

Keywords

ZimVie Inc., Richard Kuntz, director, deferred share units, restricted stock units, beneficial ownership, Form 4, SEC